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B+
NoAgentList RatingHow are grades calculated? Info

$315,000

1505 Robin Ave, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,157 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.04 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,761 sqft

Building Information

Year Built1998
Garage Spaces1

Land Information

APN1157090010057
Lot Number57
SubdivisionHeritage Meadows Corr Par R/P
Land UseResidential
Legal DescriptionLT 57 BLK 1 HERITAGE MEADOWS CORR PAR R/P
Census Tract542700
Assessed Land Value$56,812
Assessed Improvement Value$251,555
Assessment Year2025

About this property

Welcome to 1505 Robin Avenue! This beautiful 3 bedroom, 2.5 bath home is located in the well-established Heritage Meadows community and conveniently located close to I-10, the Grand Parkway, Legacy and Rhodes stadiums, Katy Mills mall, Typhoon Texas Waterpark, and so much more! Zoned to great schools in highly-acclaimed Katy ISD! Inside, you'll find fabulously versatile spaces that can serve any need. The formal dining room can be used as a home office or play room, while the upstairs loft area can become a movie room, game room or secondary home office. The home chef's kitchen is outfitted with SS appliances, a gas range, breakfast bar pantry and tons of storage. All four spacious bedrooms, two full baths and the utility room can be found upstairs. The Primary bedroom features a raised ceiling, large windows and luxurious en suite bathroom with deep soaking tub, separate shower and two vanities. Brand new carpet! Fenced backyard comes complete with lush grass and large patio.

Investor Tools

Property Icon
$315,000
Estimated Property Value
$289,656Estimated Mortgage Balance
$40,809Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,038
$308,367
2025
$56,812
$251,555
$308,367
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,038
$308,367

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Unknown
$289,656
No
First
Jun 9, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,191
$40,809
12%
87%
$1,737/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,987/mo
+$243/mo
8.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Katy

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1505 Robin Ave | Property Details | No Agent List